Francis ChouChou Associates Management Portfolio Activity & Recent Trades (Jun 30, 2025)


As of Jun 30, 2025, the Chou Associates Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.


During Q2 2025, the filing reported:


New BuysNone reported
IncreasesOccidental Petroleum Corporatio (OXY), Methanex Corporation (MEOH)
ReductionsChina Yuchai (CYD), Stellantis (STLA)
Complete ExitsLiberty Global (LBTYA)

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Chou Associates Management Activity

DateSymbolTypeQuantity
Q4 2017Dec 31, 2017
TEVA
Teva Pharmaceutical Industries
Sell
-490,000-97.0%
Q3 2017Sep 30, 2017
C
Citigroup, Inc.
Sell
-100,000-32.3%
Q3 2017Sep 30, 2017
BYON
Beyond, Inc.
Sell
-295,621-50.8%
Q3 2017Sep 30, 2017
NOK
Nokia Corporation Sponsored
Sell
-400,000-32.0%
Q2 2017Jun 30, 2017
TEVA
Teva Pharmaceutical Industries
Buy
+290,000+134.9%
Q2 2017Jun 30, 2017
C
Citigroup, Inc.
Sell
-100,000-24.4%
Q2 2017Jun 30, 2017
NOK
Nokia Corporation Sponsored
Sell
-1,500,000-54.5%
Q1 2017Mar 31, 2017
TEVA
Teva Pharmaceutical Industries
Buy - Position Entry
+215,000
Q1 2017Mar 31, 2017
SD
SandRidge Energy, Inc.
Buy
+108,383+224.7%
Q1 2017Mar 31, 2017
AZN
Astrazeneca PLC
Sell - Position Exit
-13,000-100.0%
Q1 2017Mar 31, 2017
NOK
Nokia Corporation Sponsored
Sell
-1,000,000-26.7%
Q4 2016Dec 31, 2016
SD
SandRidge Energy, Inc.
Buy - Position Entry
+48,240
Q4 2016Dec 31, 2016
BP
BP p.l.c.
Sell - Position Exit
-10,000-100.0%
Q1 2016Mar 31, 2016
BRK-A
Berkshire Hathaway Inc.
Sell
-150-50.0%
Q4 2015Dec 31, 2015
RYAAY
Ryanair Holdings plc
Buy - Position Entry
+16,575
Q3 2015Sep 30, 2015
CYD
China Yuchai
Buy
+47,827+187.3%
Q3 2015Sep 30, 2015
PKX
POSCO Holdings Inc.
Buy - Position Entry
+21,000
Q3 2015Sep 30, 2015
NOK
Nokia Corporation Sponsored
Sell
-1,250,000-25.0%
Q2 2015Jun 30, 2015
CHT
Chunghwa Telecom Co., Ltd.
Sell - Position Exit
-132,088-100.0%
Q4 2014Dec 31, 2014
VZ
Verizon Communications Inc.
Sell - Position Exit
-2,630-100.0%
Q4 2014Dec 31, 2014
VOD
Vodafone Group Plc
Sell - Position Exit
-5,454-100.0%
Q4 2014Dec 31, 2014
LE
Lands' End, Inc.
Sell - Position Exit
-151,696-100.0%
Q4 2014Dec 31, 2014
JPM
JP Morgan Chase & Co.
Sell - Position Exit
-1,126,347-100.0%
Q3 2014Sep 30, 2014
LE
Lands' End, Inc.
Sell
-90,001-37.2%
Q2 2014Jun 30, 2014
JPM
JP Morgan Chase & Co.
Buy - Position Entry
+1,126,347
Q2 2014Jun 30, 2014
LE
Lands' End, Inc.
Buy - Position Entry
+241,697
Q1 2014Mar 31, 2014
VOD
Vodafone Group Plc
Buy - Position Entry
+5,454
Q1 2014Mar 31, 2014
VZ
Verizon Communications Inc.
Buy - Position Entry
+2,630
Q4 2013Dec 31, 2013
NOK
Nokia Corporation Sponsored
Buy
+4,500,000+900.0%
Q4 2013Dec 31, 2013
BB
BlackBerry Limited
Buy
+344,040+186.0%
Page 6 of 7195 total trades